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Compare all federal repayment plans — including the new RAP plan launching July 2026. Uses official 2025-26 federal rates.
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One Big Beautiful Bill Act — signed July 4, 2025
SAVE eliminated · Parent PLUS capped · RAP launching July 2026 · PAYE/ICR sunset 2028. See all changes ↓
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2026 Federal Loan Changes (OBBBA)
SAVE eliminated (March 2026) — forbearance doesn't count toward forgiveness. Switch plans NOW.
Parent PLUS caps to $20K/yr · $65K lifetime starting July 1, 2026.
Grad PLUS eliminated for new borrowers July 1, 2026.
RAP plan launches July 1, 2026 — 1–10% of AGI, 30-yr forgiveness, interest waiver.
PAYE and ICR sunset July 1, 2028 — plan your exit now if you're enrolled.
Source: One Big Beautiful Bill Act, P.L. 119-21, July 4, 2025. Educational purposes only — not legal or financial advice. Visit studentaid.gov for official guidance.